The Board is delighted to have Mr Jones as CEO on an interim basis until the appointment of a new CEO with suitable mining experience necessary to steer the Company as it moves towards production.

Mr. Jones currently holds a number of Executive and Non-Executive Directorships, including Tremont Master Holdings, a mining investment holding company funded substantially by Denham Capital, One Thousand and One Voices Management (Mauritius) Ltd, a pan African private equity fund and Novare Africa Fund PCC, a Mauritian Stock Exchange listed property fund. His board roles include the review and approval of investment proposals presented by the various investment teams.

ON BEHALF OF THE BOARD OF DIRECTORS
Ross Doyle, CFO
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